G32, Luma21
Sold prices and rental history: sold once, by the developer in September 2022, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G32, Luma21
What is G32 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 502 sqft
- Floor
- Ground of 4
- Parking
- G23
- Developer
- Townx Real Estate Development
- Completed
- 2023
- Last sold
- AED 552K · September 2022
- Building
- Luma21
About G32, Luma21
G32 is a studio of 502 sqft on the ground floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development . The developer sold it on 28 September 2022 for AED 551,881, or AED 1,100 per sqft, 9% above the AED 1,010 studios in the building were fetching at the time.
It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 25 September 2026, is AED 45,000 a year: a gross yield of 8.2% on the 2022 price.
Sales and rents for G32 over time
G32 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Luma21, and where G32 sits
All 191 studios →G32 last sold in September 2022 at AED 1,100 per sqft, 9% above what studios in Luma21 were fetching at the time (AED 1,010). Over the last 12 months studios sold for AED 300,000 to 800,000, around AED 1,479 per sqft, and rent for AED 37,948 to 79,500 a year. G32's AED 45,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 446 sqft | 660,000 | 1,479 | ||
| 25 Jun 202625 June 2026 | 422 sqft | 580,000 | 1,373 | ||
| 26 Mar 202626 March 2026 | 552 sqft | 735,000 | 1,330 | ||
| 3 Mar 20263 March 2026 | 447 sqft | 760,000 | 1,698 |
Luma21
Building238 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2023 by Townx Real Estate Development . 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,436 Down 7.1%
- Typical sale
- AED 735K
- Typical rent
- AED 55K /yr
- Typical yield
- 7.9%
Other units on the ground floor
All 238 units in Luma21| ValueToday's value | |||||
|---|---|---|---|---|---|
| G23 | Studio | 503 sqft | AED 739KAED 739,000 · Oct 2025October 2025 | 53,000 /yr | |
| G24 | Studio | 502 sqft | AED 650KAED 650,000 · Sep 2024September 2024 | 42,000 /yr | |
| G25 | Studio | 502 sqft | AED 660KAED 660,000 · Oct 2025October 2025 | 55,200 /yr | |
| G26 | Studio | 502 sqft | AED 650KAED 650,000 · Dec 2023December 2023 | ||
| G27 | Studio | 502 sqft | AED 573KAED 573,300 · Mar 2023March 2023 | ||
| G28 | Studio | 502 sqft | AED 630KAED 630,000 · Oct 2023October 2023 | 79,500 /yr | |
| G29 | Studio | 502 sqft | AED 552KAED 552,000 · Nov 2022November 2022 | 47,000 /yr | |
| G30 | Studio | 502 sqft | AED 541KAED 540,844 · Sep 2022September 2022 | 54,500 /yr | |
| G31 | Studio | 502 sqft | AED 675KAED 675,000 · Nov 2023November 2023 | 59,000 /yr | |
| G33 | Studio | 502 sqft | AED 641KAED 641,137 · Nov 2022November 2022 | 64,000 /yr | |
| G34 | 3-bed | 1,263 sqft | AED 1.25MAED 1,253,250 · Dec 2023December 2023 | 130,000 /yr |
G32, Luma21 in numbers
- Sold once: by Townx Real Estate Development on 28 September 2022 for AED 551,881, or AED 1,100 per sqft.
- Rented since February 2025 on 4 Ejari contracts, from AED 58,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2022 price is 8.2%.
- Studios in Luma21 sold for AED 300,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,436 per sqft.
Source: Dubai Land Department. Updated 25 September 2026.
Questions about G32, Luma21
What did unit G32 last sell for?
AED 551,881 on 28 September 2022, sold by the developer: AED 1,100 per sqft for 502 sqft. It is the only registered sale of the unit.
What is the rent for unit G32?
AED 45,000 a year on the contract signed on 25 September 2026. The previous contract, from February 2026, was AED 65,000; the unit has been rented since February 2025.
How big is unit G32?
502 sqft (46.6 sqm): a studio on the ground floor of a 4-storey tower completed in 2023.
What is unit G32 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Luma21 sold for AED 300,000 to 800,000 in the last 12 months, around AED 1,479 per sqft.
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Mortgage on G32, Luma21
Starts from the last sale price (AED 552K, 28 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 551,881
- Deposit, UAE resident (20%)
- AED 110,376
- Deposit, non-resident (40%)
- AED 220,752
- Monthly over 25 years at 3.7%
- AED 2,258
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →